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The voice of reason

You are giving us very little to go on.. The obvious answer your timing was off... Was the purchase made for investment purposes rt as a trade?? If its the latter.you need to disclose your trading plan,i.e. money management (doubling down,profit target,scaling out),risk control measures(hard %...

Dam,...No interest in day trading,but I was was ready to sign up for your courses mostly for the stand,stretch during sex techniques..

Limited-ly profitable?? Whats your return on capital?? Are you trading a meaningful amount of capital,where the profit makes a difference in your life?? It appears you trade for 1hour.Is this a hobby???

Are you suggesting he sell an equivalent Delta ,3 months out with double the theta?? Something like the 76 DTE 1000 strike??

Adding to this,regardless of your methodology,you need a trading plan...

You bought it at 30 instead of below 25 :) Other than that,did you have an exit strategy??

If you read Momentum Masters by Schwager,you will see that he and the others are pretty in line with your way of thinking...Zanger is more of a pure MOMO guy and less in line with fundamentals.. Loosely defined,they are Trend followers,high Momo guys with really good position sizing risk...

Lets ignore the levels of IV 90 vs IV 360 and any higher level greeks.... The OP wants to hold TSLA for 10 years.Hes happy with a double which is why he would sell the 1 year 1400 call... It appears the smartest guys in the room are saying thats not the trade,you are far better off selling the...

Ridiculous post... Google Mark Ritchie,one of the founders of CRT.He started the largest option market making firm in the world and was bought out by Nations Bank...Ritchie Jr,ponied up and studied with Minervini. He has nothing but great things to say about Mark... I get that you wouldn't pay...

Well said... The naysayers are the same guys who wont pay up for a good motorcycle Helmut.. "You have a 10 dollar head,buy a 10 dollar helmut" Genius

You realize that you are essentially saying that one should always be long calendars...

Where do you come up with this stuff??

Help me out... Which Market Wizards were you in??? Your logic matches your ability to run a simple Google search

Green is not your color:)

FWIW,Minervi is the real deal.He has won the US investing Championship and his students place really high. I can't remember his first name,but Mark Ritchies ( CRT founder) son trained witn Minervini and also has nothing but great things to say about Mark

I hear you,but Yass is the smartest guy I know when it comes to trading...

Jeff is a Noob??

Yes,skew typically makes wings more expensive,but if the spread/fly has theoretical edge on a flat forecast vol,it's simply the cost of mitigating blowout and margin calls. I'll skip strikes if im good with the price of the embedded short vertical.. The wings also afford me the luxury of...

I was speaking in general terms.. If you do ratio,being halfway human directionally affords the luxury of being lighter in the short wings